2648 NE 32nd St - Hospitality FOR SALE


Fort Lauderdale, FL 33306- Coral Ridge Country Club Estates
$4,995,000 USD
305-851-2820
2648 NE 32nd St, Fort Lauderdale, FL for Sale
$4,995,000 USD
Hospitality - FOR SALE
1/53
null | 9% Cap Rate

2648 NE 32nd St
Fort Lauderdale, FL 33306
Coral Ridge Country Club Estates


OVERVIEW

9% Cap Rate...Prime investment opportunity in Fort Lauderdale. Las Casitas Coral Ridge is a popular 16-unit boutique hotel set in highly desirable neighborhood of Coral Ridge and offering strong rental history. Just a few blocks from the beach, water taxi, and Coral Ridge Country Club. Surrounded by multimillion-dollar homes. easy access to major roads including Federal Highway and Oakland Park Blvd., surrounded by popular shops and dining. Includes the properties at 2648 - 2640 NE 32nd St. The property consists of two buildings, 8 furnished units per building, ranging from hotel rooms, studios with kitchenettes, to 1 bedroom suites with living rooms and kitchens. One unit serves as a reception/office. Ample parking and a large lot of approx 0.45 acres. Seller financing option available

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$743 USD /SF

# OF ROOMS

16

PRICE/ROOM

$312,188 {currency}

CAP RATE

9%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casitas Coral Ridge

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1959

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,004 SF

ZONING

RMM-25

APN/PARCEL ID

49-42-24-01-0230,49-42-24-01-0240

ASK ABOUT THIS PROPERTY

David MarderCompassMore Info
305-851-2820

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David MarderCompassMore Info
305-851-2820

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.